"Incorporated in Delaware to facilitate global fundraising, Cassator Corp. maintains a distinct Ukrainian engineering identity. This combination of US corporate structure and Eastern European technical resilience has become a hallmark of the company's narrative. Currently raising capital through a Regulation Crowdfunding campaign on Wefunder, the firm has reported significant fiscal momentum, citing a revenue jump from $450,000 in 2023 to $910,000 in 2024 - a 120% year-on-year increase."
"In late 2024, the company announced it had entered an agreement to establish a European subsidiary equipped with a Virtual Asset Service Provider (VASP) licence. "Social media needs a fundamental reset," says Dmytro Ivanov, CEO of Cassator Corp. "We believe the financial layer of the internet can be built in a way that is efficient, user-centric, and aligned with how regulation is evolving - not in opposition to it. For us, Europe is a regulatory benchmark.""
European regulators are prioritizing compliance and consumer protection over speculative Web3 hype. Cassator Corp. positions Sl8 as a privacy-forward SocialFi alternative to data-extractive social media. The firm combines Delaware incorporation for global fundraising with a distinct Ukrainian engineering identity and technical resilience. Reported revenue rose from $450,000 in 2023 to $910,000 in 2024, a 120% increase, while fundraising continues via a Regulation Crowdfunding campaign on Wefunder. The company is pivoting toward Europe with a compliance-first architecture and is establishing a European subsidiary with a Virtual Asset Service Provider (VASP) licence to align with MiCA.
Read at Business Matters
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